Who will benefit from accounting courses?
If you like bookkeeping and want to improve your financial knowledge a bit more, accounting may be just for you. If you want to work for a financial corporation and you want to make sure you have a good chance of getting the job, and you want to prepare to excel at the job, accounting will help you a lot. Many other businesses need to have their own accountant. Many companies employ a resident accountant, someone who works only for that company and keeps all their financial records. If that is what you want to do, accounting is for you! Accounting can help you to run your own business or extent your job opportunities to that of teaching or working as a FET college lecturer.
You have to start somewhere
If you feel a bit overwhelmed by the list of accounting courses and governing bodies, we can suggest that you start by doing a short course. A short course will introduce the field and may turn out to be very helpful to you in any line of business.
Skills Academy offers the following short courses that we can promote with confidence to assist you to kick off your accounting studies:
- Computerized Bookkeeping
- Business Literacy
- Payroll and Monthly SARS Returns
- Bookkeeping to Trial Balance
- Cost and Management Accounting
- Financial Statements
- Business Law and Accounting Control
- Income Tax Returns
- Corporate Strategy
- Financial Reporting and Regulatory Frameworks
- Accounting Theory and Practice
- Management and Accounting Control Systems
Prepare yourself for your accounting studies
Accounting courses can be a daunting in the sense that they ask a lot of preparation and time studying old question papers. We suggest you follow these tips to make the most of your accounting studies:
→ Collective study
The major secret to learning accounting is remembering that it is a collective study. Each learning objective builds on the previously learned concepts and procedures. Every accounting course is organized so that you learn the most fundamental concepts and procedures first, then you will be required to build on these concepts and procedures. To learn accounting, you must master the basics.
→ First understand, then memorize.
You need to understand both the reasons and the mechanic of accounting. Blindly memorizing information will hurt you later on in the course.
→ Take notes.
A study indicated that you would remember 10% to 15% of what was said in class. However, if you write it down, your retention rate increases to 85%.
→ Find a study group.
Exchange contact details with one or two classmates and arrange to study with these friends on a regular basis.
→ Keep up with the work – Keep up on a daily basis. This will reduce exam stress and will have benefits in the end.